SEKUNDI: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SEKUNDI
Largest movements
- Receivables within one year +€8,307
up €8,307 (+23.4%), from €35,533 to €43,841
of which Trade receivables: +€7,746
- Cash -€1,700
down €1,700 (-46.7%), from €3,640 to €1,940
mainly Receivables within one year (-€8,307) and Net result for the year (-€5,651)
- Accrued charges and deferred income +€9,378
new in 2025: €9,378
- Profit (loss) carried forward -€5,651
down €5,651 (-22.0%), from -€25,692 to -€31,344
- Trade debts +€2,017
up €2,017 (+149.3%), from €1,352 to €3,369
- Other debts +€481
up €481 (+2.5%), from €19,252 to €19,733
- Gross operating margin -€744
down €744 (-41.1%), from -€1,811 to -€2,555
- Financial charges +€27
up €27 (+5.3%), from €496 to €523
- Financial income +€26
new in 2025: €26
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,911 | €46,136 | +€6,225 | +15.6% |
| Fixed assets | 21/28 | €356 | €356 | = | 0.0% |
| Financial fixed assets | 28 | €356 | €356 | = | 0.0% |
| Current assets | 29/58 | €39,555 | €45,780 | +€6,225 | +15.7% |
| Amounts receivable within one year | 40/41 | €35,533 | €43,841 | +€8,307 | +23.4% |
| Trade receivables | 40 | €4,475 | €12,221 | +€7,746 | +173.1% |
| Other amounts receivable | 41 | €31,059 | €31,620 | +€561 | +1.8% |
| Cash at bank and in hand | 54/58 | €3,640 | €1,940 | -€1,700 | -46.7% |
| Deferred charges and accrued income | 490/1 | €382 | €0 | -€382 | -100.0% |
| Total equity and liabilities | 10/49 | €39,911 | €46,136 | +€6,225 | +15.6% |
| Equity | 10/15 | €19,308 | €13,656 | -€5,651 | -29.3% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Capital | 10 | €45,000 | - | -€45,000 | |
| Issued capital | 100 | €45,000 | - | -€45,000 | |
| Profit (loss) carried forward | 14 | -€25,692 | -€31,344 | -€5,651 | -22.0% |
| Amounts payable | 17/49 | €20,603 | €32,480 | +€11,877 | +57.6% |
| Amounts payable within one year | 42/48 | €20,603 | €23,102 | +€2,499 | +12.1% |
| Trade debts | 44 | €1,352 | €3,369 | +€2,017 | +149.3% |
| Suppliers | 440/4 | €1,352 | €3,369 | +€2,017 | +149.3% |
| Other amounts payable | 47/48 | €19,252 | €19,733 | +€481 | +2.5% |
| Accrued charges and deferred income | 492/3 | - | €9,378 | +€9,378 | |
| Non-recurring operating charges | 66A | - | €2,599 | +€2,599 | |
| Gross operating margin | 9900 | -€1,811 | -€2,555 | -€744 | -41.1% |
| Operating profit (loss) | 9901 | -€1,811 | -€5,154 | -€3,343 | -184.6% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €496 | €523 | +€27 | +5.3% |
| Recurring financial charges | 65 | €496 | €523 | +€27 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,308 | -€5,651 | -€3,344 | -144.9% |
| Profit (loss) for the period | 9904 | -€2,308 | -€5,651 | -€3,344 | -144.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,308 | -€5,651 | -€3,344 | -144.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.